Streetbeat News

PGRE

Paramount Group, Inc.

Industry

REIT - Office

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Open

4.06

Mkt cap

903M

Volume

1.1M

High

4.21

P/E Ratio

-19.76

52-wk high

5.47

Low

4.06

Div yield

0.02

52-wk low

3.96

Paramount Global-B (PARA) is highlighted as a strong momentum stock according to Zacks Style Scores, a feature of the Zacks Premium research service. This suggests potential positive short-term performance for PARA.

Portfolio Pulse from

March 17, 2025 | 3:00 pm

A Delaware judge is considering a class action lawsuit to block Paramount Global's $8 billion sale to Skydance Media, alleging it short-changes public shareholders.

Portfolio Pulse from

March 06, 2025 | 7:30 pm

Paramount Global-B (PARA) is highlighted as a top-ranked value stock according to Zacks Style Scores, suggesting it may be a strong addition to an investment portfolio.

Portfolio Pulse from

March 03, 2025 | 4:00 pm

Paramount Pictures invested $5 million to redesign Sonic for the 2020 film, leading to box office success and the creation of a billion-dollar franchise with two more films and a TV series.

Portfolio Pulse from

March 01, 2025 | 1:15 pm

Paramount Group, Inc. (PGRE) held its Q4 2024 earnings call on February 28, 2025. Key company executives and several analysts participated in the discussion.

Portfolio Pulse from

February 28, 2025 | 8:30 pm

The FCC's investigation into the Paramount-Skydance merger is expected to be prolonged, as the network has started hiring external legal counsel to navigate the complex approval process.

Portfolio Pulse from

February 28, 2025 | 2:30 pm

Paramount Global (PARA) reported a decline in TV Media and rising costs, leading to a Q4 earnings miss. However, the company saw strong streaming growth and a beneficial Skydance deal, indicating a positive digital shift. Revenues increased year-over-year.

Portfolio Pulse from

February 27, 2025 | 6:30 pm

Paramount Global is discontinuing several diversity, equity, and inclusion (DEI) policies, citing an executive order from former President Donald Trump that bans DEI in government and directs agencies to investigate private companies' DEI programs.

Portfolio Pulse from

February 27, 2025 | 5:15 pm

Paramount Pictures partners with NORD to raise awareness and funds for rare diseases, coinciding with the release of the film Novocaine.

Portfolio Pulse from

February 27, 2025 | 2:15 pm

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